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NCC Wins Best Website Award For 2017

The NCC has clinched the “Best Website Award” in the Ministries, Departments and Agencies (MDA) category of the Web Jurist Award 2017. The Head, Information Technology, NCC, Mr. Abraham Oshadami, disclosed this at the presentation of the awards won by…Read More

Internet Users in Nigeria Hit 98.3 Million

The internet users increased marginally to 98.3million in November, the Nigerian Communications Commission (NCC), has said. The NCC made this disclosure in its Monthly Internet Subscribers Data for December 2017 on its website on Thursday in Abuja. According to the…Read More

INEC, NCC Seal Deal on Electronic Transmission of Results

In a deal certain to play a major role in the outcome of future elections in the country, the Independent National Electoral Commission (INEC) yesterday reached an agreement with the Nigerian Communications Commission (NCC) on the electronic transmission of results…Read More

Zinox Group Acquires E-Commerce Giant, Konga

After months of strategic negotiations with foreign investors, Naspars and AB Kinnevik, the Nigeria’s ICT solutions conglomerate and Original Equipment Manufacturer (OEM), Zinox group is now the majority shareholder in e-commerce giant, Konga. The development, according to Zinox group, signifies…Read More

West Africa's Leading Data Centre Largely Sustained By Nigeria's National Grid

MainOne, a provider of telecom services and network solutions for businesses in West Africa, has said that its Data Centres, which are achieving almost 100 per cent uptime availability, receive over 90 per cent of their power directly from the…Read More

Nigeria, USA Partner To Surpass 30% National Broadband Target

Nigeria telecommunications operating companies and the United States through the United States Trade and Development Agency (USTDA) are partnering on how cost effective technologies could be deploying to accelerate and surpass the 30 percent target set for 2018 in the…Read More

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Features

President Muhammadu Buhari recently joined members of the public, members of the All Progressives Congress and the National Assembly to congratulate Sen. Olabiyi Durojaiye, the Chairman of the Board of Commissioners of the Nigerian Communications Commission, NCC, on his 85th birthday. President Buhari, in a statement issued in Abuja felicitated…Read More

Mr. Tony Ojobo, shares his thoughts on his receiving the Nigerian Institute of Public Relations (NIPR) Presidential Award. Reflection on the award I want to thank God first of all, and for me it’s humbling when you're recognised by your professional group. I am glad that some of the things…Read More

Following the initial stakeholders' meeting in February 2017 for the determination of termination rates for telecom companies, the NCC says a new study to determine the mobile voice termination rate which has kicked off will come up with a new rate that will take effect from March 1, 2018. This…Read More

Editor's Corner

This is not a case of blowing one’s trumpet. But we are persuaded to state the fact with figures and incontrovertible statistics from no less a body than the National Bureau of Statistics (NBS). The verdict? The Nigerian Communications Commission (NCC) under Professor Umar Danbatta has performed creditably. At a time the overall national economy was hurtling down the slope, telecom stayed up, maintaining a bullish run amid a torrent of economic recession that swamped the nation.

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In this edition, we have carefully choreographed with facts and figures the sterling and resilient performance of Nigeria’s telecoms sector during the nation’s most challenging period hallmarked by general economic downturn, investor apathy and marketplace turbulence.

Analysts, from Bloomberg to stakeholders, projected that if Nigeria were to exit recession fast, it would be down to the elasticity of the telecom sector which is the undisputed enabler of other sectors. And it was so. Kudos must go Professor Danbatta for his legendary “regulatory flexibility”.

Also in this edition, we serve you sights and scenes from the birthday outing of the Commission’s Board Chairman, Senator Olabiyi Durojaiye, who turned 85 in February. Described as an “exemplary leader” by President Muhammadu Buhari, GCFR, here is wishing our Chairman many blessed years to come.

This edition is a herald and it opens the window to what consumers and other stakeholders should expect this year. Besides, it chronicles with evidence the dynamism and brilliant performance of the sector for which all the stakeholders deserve commendation.

Come ride with us on a journey in performance.

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Quarterly Highlight

Mergers and acquisitions (M&A) activity in the technology and telecommunication sectors in Africa and the Middle East will more than quadruple in 2018, from 2017. This is according to Baker McKenzie’s Global Transaction Forecast, developed in association with Oxford Economics. The report shows that M&A in the tech and telecoms sector in Africa and the Middle East was valued at US$1 .2 billion in 2017. This is predicted to increase to US$5.9 billion in 2018 and a further US$5.9 billion in 2019, before decreasing to US$3.9 billion in 2020.

The report notes that a more positive global economic outlook, the expansion of technology across industries, investment from emerging markets, and strong corporate balance sheets are the key factors in driving investment in tech M&A around the world, including in Africa.

Darryl Bernstein, Head of the Technology, Media and Telecommunications (TMT) Practice at Baker McKenzie in Johannesburg, South Africa, explains the predicted rise in tech and telecoms M&A in Africa, “Africa’s growing telecoms infrastructure and access to online services and platforms continue to improve access to the online economy. Increased local demand for innovative products, services and solutions drives offshore telecommunications and technology companies to target opportunities in Africa. The growing financial services sector has also seen domestic banks make significant investments in technology to advance their innovation agenda. African tech companies are also targeting offshore investments in companies that will deepen their access to new technologies, markets and talent.”

“The expansion of emerging technologies across industries, including agribusiness, automotive and of course fintech, will also drive M&A activity as we expect to see more cross-sector deals involving technology,” says Bernstein ....